MYSTERIOUS: 8 | Mind Blowing Facts

Why BofA Downgrades SoFi Technologies, Despite Upbeat Q4

SoFi Technologies Inc (NASDAQ: SOFI) reported strong fourth-quarter results after the closing bell on Tuesday. The company has also issued its 2022 guidance ahead of Street expectations, driven by “benefits from its recently approved Bank Charter,” according to BofA Securities.

Benzinga · Mar 2, 2022

BofA Initiates Arcellx With Buy On Its Novel Therapy Approach

Arcellx (NASDAQ: ACLX) is advancing  into pivotal testing (by year-end 2022) of its B-cell maturation antigen (BCMA) directed combination antiretroviral therapy (CART), known as ddBCMA, for relapsed refractory multiple myeloma, according to BofA Securities.

Benzinga · Mar 1, 2022

BofA On Lucid Earnings, Lowered Outlook Is 'Somewhat Surprising In Magnitude'

Lucid Group Inc (NASDAQ: LCID) reported its fourth-quarter results marginally ahead of expectations on lower operating expenditures, according to BofA Securities.

Benzinga · Mar 1, 2022

Why BofA Upgrades Lending Platform Upstart Holdings After Q4 Report

Upstart Holdings Inc (NASDAQ: UPST) was able to beat fourth-quarter expectations despite industry headwinds, according to BofA Securities.

Benzinga · Feb 17, 2022

BofA Downgrades ViacomCBS After Streaming Investments: What Investors Need To Know

Although ViacomCBS Inc (NASDAQ: VIAC) remains an attractive target amid industry consolidation, a sale of the company is unlikely in the near term given its streaming aspirations, according to BofA Securities.

Benzinga · Feb 16, 2022

BofA Maintains Underperform Rating As Virgin Galactic Begins Selling Space Flight Tickets

Virgin Galactic Holdings Inc (NYSE: SPCE) has announced the opening of space flight ticket sales to the public on Feb. 16. Reservations are being offered at $450,000, with an initial deposit of $150,000, according to BofA Securities.

Benzinga · Feb 16, 2022

BofA Downgrades Gap On Old Navy Concerns

Old Navy, which contributes to around 55% of Gap Inc’s (NYSE: GPS) sales, is likely to be “disproportionately hurt” by its exposure to low-income consumers and worsening supply chain disruptions, according to BofA Securities.

Benzinga · Feb 15, 2022

BofA Upgrades DTE Energy After Beat, Says Company Has Among Best Earnings Growth In Sector

DTE Energy Co (NYSE: DTE) reported its fiscal 2021 results ahead of expectations, raised its 2022 earnings guidance range and provided a “strong affirmation of the long-term growth trajectory,” according to BofA Securities.

Benzinga · Feb 15, 2022

Why This Bullish SoFi Analyst Sees Growth Ahead

SoFi Technologies Inc (NASDAQ: SOFI) is poised to generate strong revenue and EBITDA growth driven by its Galileo platform and member growth initiatives, according to BofA Securities.

Benzinga · Feb 11, 2022

TPG Has A High Growth Trajectory, BofA Says With Buy Rating: What Else Impressed The Analyst?

TPG Inc (NASDAQ: TPG) has a robust business model, which is high growth, capital light and drives fee-related earnings, according to BofA Securities. The TPG Analyst: Craig Siegenthaler initiated coverage of TPG with a Buy rating and a price target of $47.

Benzinga · Feb 7, 2022